Specifications

Financial
The Financial button gives you nine worksheets for managing your assets and •
loans. The worksheets perform these calculations:
• Compound Term: Calculates the time for a present value to reach a
future value using a compounding interest rate.
• Double-Declining Bal_mce: Calculates the depreciation of an asset
using the double-declining balance method.
• Future Value: Calculates the future value of a series of fixed
payments subject to a compounding interest rate.
• Payment: Calculates the periodic payment amount required to pay
off a loan over a specified time.
• Present Value: Calculates the present value of a stream of payments
subject to a compounding interest rate.
• Compound Rate: Calculates the compounding interest rate required for
a present value to reach a future value in a specified period of time.
• Straight-Line Depredation: Calculates the depreciation of an asset
using the straight-line depreciation method.
• Sum-of-Years Depreciation: Calculates the depreciation of an asset
using the sum-of-years' digits depreciation method.
• Term of Payments: Calculates the time for a stream of fixed
alue.
Calculator 124